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Immo Moury SCA (XBRU:IMMOU) Return-on-Tangible-Asset : 3.80% (As of Sep. 2023)


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What is Immo Moury SCA Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Immo Moury SCA's annualized Net Income for the quarter that ended in Sep. 2023 was €1.90 Mil. Immo Moury SCA's average total tangible assets for the quarter that ended in Sep. 2023 was €49.99 Mil. Therefore, Immo Moury SCA's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 was 3.80%.

The historical rank and industry rank for Immo Moury SCA's Return-on-Tangible-Asset or its related term are showing as below:

XBRU:IMMOU' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.72   Med: 4.03   Max: 8.52
Current: 0.72

During the past 13 years, Immo Moury SCA's highest Return-on-Tangible-Asset was 8.52%. The lowest was 0.72%. And the median was 4.03%.

XBRU:IMMOU's Return-on-Tangible-Asset is ranked worse than
54.97% of 1832 companies
in the Real Estate industry
Industry Median: 1.19 vs XBRU:IMMOU: 0.72

Immo Moury SCA Return-on-Tangible-Asset Historical Data

The historical data trend for Immo Moury SCA's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Immo Moury SCA Return-on-Tangible-Asset Chart

Immo Moury SCA Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 3.57 4.45 8.52 5.15

Immo Moury SCA Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.24 12.29 13.01 -2.39 3.80

Competitive Comparison of Immo Moury SCA's Return-on-Tangible-Asset

For the Real Estate Services subindustry, Immo Moury SCA's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Immo Moury SCA's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Immo Moury SCA's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Immo Moury SCA's Return-on-Tangible-Asset falls into.



Immo Moury SCA Return-on-Tangible-Asset Calculation

Immo Moury SCA's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=2.374/( (42.137+50.101)/ 2 )
=2.374/46.119
=5.15 %

Immo Moury SCA's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=1.9/( (50.101+49.873)/ 2 )
=1.9/49.987
=3.80 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Sep. 2023) net income data.


Immo Moury SCA  (XBRU:IMMOU) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Immo Moury SCA Return-on-Tangible-Asset Related Terms

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Immo Moury SCA (XBRU:IMMOU) Business Description

Traded in Other Exchanges
N/A
Address
rue Sainte-Marie 24, Bale, BEL, 4000
Immo Moury SCA focuses its investments on commercial real-estate, offices, semi-industrial buildings, as well as residential properties. In addition, it acquires sells, renovates and redevelops properties.

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